If I could go back in time, I would like to start accounting for the amount of times I heard about the death of Bitcoin and the entire cryptocurrency market. Only in recent weeks can I say that I heard a lot about it.

And I won’t lie. Today I find this kind of natural speech. In fact, the industry is quite volatile and many people are not prepared for it. When we look at BTC’s performance, specifically, crypto is falling 6% this year, after a rise of almost 121% in 2024.

However, the fall of this first trimester was higher, considering the tops and funds. In this case, the losses were 30%. So we need to understand the fear that this type of movement can bring.

But if we take the price from our front, what’s left of the cryptocurrency market? Nothing? A void? Look, I can say that the story is different. And that’s what I want to argue with you today!

Top of the tops

I have the habit of sounding very optimistic about the cryptocurrency market. And many wonder if I’m saying this because I really believe in this sector or if I’m just selling my fish.

I think the big difference – and not wanting to praise me in this process – is that my eye is not restricted to the performance of cryptocurrencies or how much it valued or devalued in a given period.

As I have said for a long time: “Bitcoin and cryptocurrencies are today traditional financial assets like any other business action.”

And here is an even clearer visualization than I mean.

The image above shows that the cryptocurrency market is as much as Microsoft, and Bitcoin alone exceeds one of the world’s leading oil companies.

To say that the market is just “speculating” a Microsoft a day is a very weak argument. What is clear is that there are very important technologies within cryptocurrencies. Some more and some less valuable.

And like any market, it generates speculation. But impossible to be sustained for so long, without robust and proven technical support.

Attention to the market

We know very well that the cryptocurrency market is cyclical. And here among us, the traditional financial is too! The difference is that with Bitcoin, we have been able to have a slightly more assertive control over these periods, mainly because of halving. And that, of course, brings a very large investment appetite.

Bitcoin ETFs give us a good notion of today’s market size and how it is still quite heated. Since its launch in January last year, regulated funds have been practically $ 100 billion in BTC.

Of the 15 months of negotiation, only four closed with more looting than applications. February this year, even, was the “worst”, with a negative balance of $ 3.56 billion. However, this is well below the other positive periods, which exceeded $ 4 billion on several occasions.

Source: Sosovalue

In order not to be beaten, it is worth talking about one of the highlights of the market that is microstrategy. Michael Saylor continues with his recurring Bitcoin purchase policy since August 2020.

Since then, the company’s wallet has 506,137 bitcoins – something around US $ 44.3 billion. This volume represents more than 2.4% of the entire circulating offer of cryptocurrency in the market.

And being very sincere, by Saylor’s lines, we should not see this purchase be reduced!

But fact is that this accumulation does not appear only in private capital. Governments, as I have been saying for some time, have also been betting on the crypto.

It’s okay that the Federal Government of the United States has left part of the market frustrated with its strategic Bitcoin reserve unintentionally. However, the states of the country have already begun to move.

So far, there are more than 23 US states with a bill in processing for the creation of a crypto reserve.

Therefore, it doesn’t matter much if you are a retail investor, a large company in search of capital diversification or an entire country. Bitcoin and cryptocurrency are strong and resilient actives.

As I say, no one cleans $ 3 trillion of the market so easily. And I say more: this will continue to grow!

Always has room for more people

And if you still believe that the market is made up of pure speculation, here are some data on how the adoption of cryptors is increasing.

In Brazil alone, 2024 hit a new record in the number of declarations of operations with cryptocurrencies to the IRS. In total, there were 63.4 million CPFs and just over 1 million CNPJs participating in this market here.

But among the market purchase and sale, there are the Hodlers. And here is a river projection that caught my attention. According to your data, there are about 683,000 companies today performing Bitcoin Hodl. That is, buy and secure ad aeternum.

However, for 2026, this number tends to increase more. In a pessimistic expectation, it bets on 786,000 companies increasing their boxes with Bitcoin. Already in the most optimistic view, we are talking about almost 950 thousand institutions adopting BTC for their reserves.

What I want to say with all this is: If you are still worried about the price of Bitcoin in the short term, take a few steps back. Try to see the whole scenario of this market.

There is a lot of capital spinning in this sector, making him fight straight with the largest companies in the world. So if Bitcoin is purely speculative, Alphabet, Microsoft, Tesla, Nvidia and many others are.

The market does not sweep all this money out of nowhere. And if the BTC is there, you can be sure that it is worth much more than the “simple” trading price of $ 503,900 here at Foxbit!